NPLY — what changed in the latest 10-K
A section-by-section comparison of NPLY's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-K · 2026-10-30 vs the prior 10-K · 2025-10-27
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| Business | No paragraph-level changes | 0 | 0 | 0 | 78 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| MD&A | Text added/removed | +7 | −6 | ~2 | 7 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 7A)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-K · 2026-10-30
Total operating expenses for the years ended July 31, 2026 and 2025, were $49,773 and $28,664, respectively, which were comprised of amortization expense ($9,000 - July 31, 2026 and $9,000 - July 31, 2025); general and administrative fees of the Company ($21,064 – July 31, 2026 and $88 - July 31, 20…
As a result of the above, the Company recorded a net loss of $31,676 and $20,714 for the years ended July 31, 2026 and 2025, respectively.
Our sources and uses of cash for the years ended July 31, 2026 and 2025 were as follows:
In comparison, we used net cash of $17,001 in operating activities for the year ended July 31, 2025, as a result of our net loss of $21,165 adjusted for non-cash amortization in the amount of $9,000, increase in prepaid expenses of $20,000, increase in accounts payable of $99 and increase in deferre…
We had no cash provided by (used in) investing activities for the years ended July 31, 2026 and 2025.
Text removed vs the prior filing · source: 10-K · 2025-10-27
As a result of the above, the Company recorded a net loss of $20,714 and $20,301 for the years ended July 31, 2025 and 2024, respectively.
Our sources and uses of cash for the years ended July 31, 2025 and 2024 were as follows:
We used net cash of $21,165 in operating activities for the year ended July 31, 2025, as a result of our net loss of $20,714 adjusted for non-cash amortization in the amount of $9,000, increase in prepaid expenses of $20,000, increase in accounts payable of $99 and increase in deferred revenue of $1…
We had no cash used in investing activities for the year ended July 31, 2025. For the year ended July 31, 2024, we have generated $(20,000) in investing activities.
Net cash provided by financing activities was $1,537 for the year ended July 31, 2025, comprised of proceeds from related party loans of $162 and proceeds from sale of common stock of $1,375.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice